SKT Sky Network Television Limited.

[mistaTea]

I’m always amazed at the psychological impact from share splits or consolidations, even within my own thoughts despite being very much a believer in the fact it changes absolutely nothing fundamentally with the company.

For instance I am actually wondering aloud whether a takeover offer may be more successful post consolidation vs now, as for some reason I think a $2.50 per share takeover offer sounds like a better premium over $2.05, than a 25c per share takeover offer does over a 20.5c share price, despite being the exact same percentage premium.

We won’t be left wondering for long.

It is possible that part of the rationale for the infamous capital raise is that it worked well as a defensive move (in addition to raising funds to pay the bonds back).

Much harder for someone to acquire 20% of 1.74B shares than 20% of 414M shares.

[LEMON]

Yet management also just bought shares, so that rules out the idea of a TO for the next while

[mistaTea]

Yet management also just bought shares, so that rules out the idea of a TO for the next while

Absolutely no takeover, merger or any type of major acquisition in the works right now.

[LEMON]

Post consolidation will just make the stock look more inviting, we already feel its way undervalued so post-consolidation should help renew some interest and safety in the SKT shares, then SKT will begin paying dividends and the market will view the stock as less volatile and a more worthy investment. IMO

[nztx]

Absolutely no takeover, merger or any type of major acquisition in the works right now.

That must be positive then ?

looks like Ogg might be locked in for the long haul

Dividends in future may help ease the pain & ease things upwards ..

[LaserEyeKiwi]

Absolutely no takeover, merger or any type of major acquisition in the works right now.

well at least there is a new substantial institutional holder who looks to be steadily accumulating, possibly building a 19.9% stake in advance of a takeover.

[jimdog31]

Do you think this is them?

C'mon Ogg, we all know it only costs you $10 a pop to come up with these names.......

[jimdog31]

C'mon Ogg, we all know it only costs you $10 a pop to come up with these names.......

Ill save you the trouble

https://imgur.com/a/T78mjew

[jimdog31]

lol. Imagine doing this then posting it on the Sharesis forum.

(note: do not do the above)

Would need the company to be call "TO THE MOON LIMITED" for that to be effective

[jimdog31]

Would need the company to be call "TO THE MOON LIMITED" for that to be effective

And to be fair it looks like theyve all moved on from SKT to an actual Rocket company anyway, appropriate